Inspiration 2 Day

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    How to Improve Mental Health in Humanitarian Jobs

    March 8, 2023

    Why you should sign up for an internet subscription with Xfinity?

    February 28, 2023

    Can We Trust YouTube’s Live Casino Streamers?

    February 28, 2023
    Facebook Twitter Instagram
    • Home
    • Get Support
    Facebook Twitter Instagram
    Inspiration 2 Day
    Subscribe
    • Home
    • Automotive
    • Business
    • CBD
    • Crypto
    • Education
    • Entertainment
    • Fashion
    • Finance
    • Health
    • Home Improvement
    • Law \ Legal
    • News
    • Shopping
    • Sports
    • Technology
    • Travel
    Inspiration 2 Day
    Home»Crypto»Binance partners with Mastercard to launch prepaid crypto card
    Crypto

    Binance partners with Mastercard to launch prepaid crypto card

    John GilmoreBy John GilmoreNo Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]

    Binance recently announced a partnership with Mastercard to launch the Binance Card in Brazil. The prepaid crypto card is issued by Dock, allowing users to pay bills and make purchases via crypto.

    It acts as the bridge that connects traditional financial services with the crypto industry. Despite being in its beta stage of release, the card has already become a popular phenomenon among users. 

    Given that Binance released the card in Argentina a few months ago, Brazil is currently the second Latin American nation to receive it. Only Brazilian Binance users who have a national ID can access the card. They can use the card to make purchases from any of the 90 million Mastercard merchants, both online and offline.

    While Binance is the leading name in the crypto industry, it is still trying to grow in the traditional financial sector. Establishing a partnership with a name like Mastercard is helping the platform gain traction globally. It is evident by the fact that many traditional finance users looked for a Binance review after this announcement.

    Users found out about several key benefits of applying for the card. Users will experience a smooth transaction process where their crypto is converted to fiat currencies during the purchase. 

    They can even earn up to 8% cashback in cryptocurrencies, along with zero fees on ATM withdrawals. However, the withdrawals may accompany some third-party service charges. 

    Nonetheless, card holders can manage them via the online dashboard available on the Binance website and app. They can also check the transaction history and even contact customer support.

    The card currently supports 14 currencies, with more expected to be added before the beta period ends. These currencies are the Brazilian Real, BUSD, BNB, BTC, USDT, SANTOS, ETH, DOT, ADA, SHIB, SOL, MATIC, LINK, and XRP. Since Brazil is one of the biggest markets for Binance, the recent launch is expected to yield massive numbers.

    [ad_2]

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    John Gilmore

    Related Posts

    veDAO joins hand with Port3 to strengthen Web3 ecosystem

    January 31, 2023

    VitaDAO manages to raise $4.1M in a fundraising round

    January 31, 2023

    SYNTHR Protocol forms exclusive partnership with ApeSwap

    January 31, 2023
    Add A Comment

    Comments are closed.

    Editors Picks
    Recent Posts
    • How to Improve Mental Health in Humanitarian Jobs March 8, 2023
    • Why you should sign up for an internet subscription with Xfinity? February 28, 2023
    • Can We Trust YouTube’s Live Casino Streamers? February 28, 2023
    • Are You Aware of How to Ship Your Car to Other States? February 2, 2023
    • YouTube TV Loses MLB Network February 1, 2023
    • A Final Chance to Reserve a Galaxy S23 Ultra and Get a Free Bonus January 31, 2023
    • What are the benefits of uPVC flush fit French doors in your home? January 31, 2023
    Archives
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • July 2021
    Facebook Twitter Instagram Pinterest Vimeo YouTube
    • Home
    • Get Support
    © 2022 - Inspiration 2 Day - All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.